FRO - Increase in share capital

Reference is made to the announcement by Frontline Ltd. ("Frontline" or the "Company") of the Company's entry into an at the market equity distribution program on June 6, 2013.

Frontline has issued 1,140,226 ordinary shares under that program during the month of July2014. Following such issuance, Frontline has an issued share capital of USD 99,346,513 divided into 99,346,513 ordinary shares.

July 31, 2014
The Board of Directors
Frontline Ltd.
Hamilton, Bermuda

Questions should be directed to:

Jens Martin Jensen: Chief Executive Officer, Frontline Management AS
[phone]
Inger M. Klemp: Chief Financial Officer, Frontline Management AS
[phone]

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Frontline Ltd. via Globenewswire

HUG#1845401